Huge Quarterly Loss at Smithfield
Top pork producer Smithfield Foods announced it lost more than 100 million dollars last quarter. Their CEO, Larry Pope, made this highly unusual comment: “I sort of feel like the world has been against us for 12 months…”
Awww, somebody please break out a thousand of the world’s tiniest violins.
I think, in an effort to trim expenses at this difficult financial time, it’s time for Smithfield to fire Paula Deen. Link.